Households At Lower 80% Of Income Scale Are Maxed Out, Worst Restaurant Recession Since 2009 Digs Inflation
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “July proved to be a tough month for chain restaurants,” the report said. Foot traffic at chain restaurants fell 4.7% in July year-over-year. Same-store sales fell 2.8%, the 17th month in a row of year-over-year declines, …